Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 8.09.2008

Decision of the Government of the Russian Federation No. 656 of September 3, 2008 on Amending Decision of the Government of the Russian Federation No. 413 of July 3, 2006

Amendments are made thereby in the composition of the financial reporting on administration of the federal budget to be submitted to the Audit Chamber of the Russian Federation which is introduced starting from August 1, 2006. 14 forms of reporting documents instead of 18 ones are endorsed therein.
As before, budgeting participants shall provide data on their incomes derived from letting federal property on lease but on a monthly basis, rather than for a quarter or a year. New forms of financial reporting documents shall include data on the progress in administering the federal budget, information about cash yield income to the federal budget and sources of financing the fiscal deficit, data on cash retirements of the federal budget resources in the form of expenditures and on sources of financing the fiscal deficit. Such information shall be presented on a monthly basis. Two reporting forms instead of one have been endorsed: about income derived from selling seized, ownerless and other property and about income derived from selling arrested property and material evidence (previously data on income derived from selling arrested, seized, ownerless and other property was to be included into the same reporting form).
At the same time the following reporting forms have been excluded: on administering the federal budget in respect of the income derived from the state material reserve operations, in respect of the income (receipts) from using the property which is in federal ownership, as well as in respect of receipts from the disposal of such property and sale thereof; on the progress in administering the federal budget as regards the income (receipts) from using the state property and its disposing, on the progress in administering the federal budget in respect of the sources of external financing of the federal budget deficit.

Order of the Ministry of Transport of the Russian Federation No. 120 of August 5, 2008 on Endorsing the Forms of Carriage Documents for Transportation of Passengers, Luggage and Goods Luggage While Rendering Railway Transport Services to the Population

The Ministry of Transport of the Russian Federation has endorsed the forms of carriage documents used when rendering railway transport services to the population. The cited documents include the following: travel documents, tickets for suburban trains, the carriage document for luggage, goods luggage and mail, the receipt for making cashless settlements for carriage, the blank ticket and luggage receipt. Some of these documents shall be drawn up with the use of the automated passenger carriage management system ASU Express.
The order shall enter into force upon the expiry of three months as of the date when it is signed (endorsed). It is registered by the Ministry of Justice of the Russian Federation on September 2, 2008 under registration No. 12202

Order of the Ministry of Transport of the Russian Federation No. 112 of July 22, 2008 on Endorsing the Regulations on Sea Pilots of the Russian Federation

The new Regulations on Sea Pilots of the Russian Federation have been endorsed, and they define the requirements for them, procedure for professional training and certification thereof, as well as the rights and duties of sea pilots while piloting.
Thus, a sea pilot shall have the pilot's identification card issued by the sea harbor captain, which proves qualifications thereof and the right to carry out pilotage of a certain rate and purpose in a specified area, the appropriate education and training, the qualification of the first officer at lowest (it was previously the qualification of the captain for small-scale navigation) and a labour contract made with a pilotage organisation. The order defines the extent of a sea pilot's knowledge and skills. It also contains the list of material and technical outfitting a pilot is entitled to dispose of.
A sea pilot is obliged to have the sea pilot's identification card, the sea pilot's receipt and, for piloting ships used for international sea carriage, the sailor's passport (identification card). Forms of the said identification card and receipt, as well as of the sea pilot's card, are given in the order. A sea pilot shall exchange information with a ship's captain in respect of ship navigation, local conditions and navigation rules. A sea pilot has no right to concurrently pilot more than one ship.
A sea pilot is obliged at least once every five years to raise qualifications and to be certified. From now on categories shall be awarded to sea pilots instead of rates, as before.
The order is registered by the Ministry of Justice of the Russian Federartion on August 28, 208 under registration No. 12198

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